GOOD MORNING INDIA

June 19, 2018, Tuesday

Your Morning Newsletter In Energy And Infrastructure From Across The Media Space  

BIG STORIES

Cabinet reshuffle: Smriti Irani removed as I&B minister, Piyush Goyal gets finance till Jaitley recovers

Cabinet reshuffle: Smriti Irani removed as I&B minister, Piyush Goyal gets finance till Jaitley recovers

In a small yet significant reshuffle of portfolios in the Union Council of Ministers, the Information and Broadcasting (I&B) Ministry on Monday was taken away from Smriti Irani and handed over to Rajyavardhan Rathore

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Bid submission date for 5,000 MW solar projects likely to be extended

Bid submission date for 5,000 MW solar projects likely to be extended

The date of submission of bids for 5,000 MW inter-state transmission system (ISTS)-based solar projects (2000 MW and 3000 MW capacity) under the Solar Energy Corporation of India (SECI) is likely to be extended by a couple of weeks.

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Half of CIL's dues are from 4 state-run power companies

Half of CIL's dues are from 4 state-run power companies

About 50% of Coal India’s receivables from power companies, estimated at Rs 9,000 crore, are from four stateowned companies, its executives said.

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Sentiment upbeat at Maharashtra solar power auction

Sentiment upbeat at Maharashtra solar power auction

The Maharashtra government appeared to be fifth time lucky with its solar auction of 1000 MW held on Monday. While earlier auctions called by the Maharashtra State Electricity Distribution Co Ltd (MSEDCL) for the same 1000MW

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I-T probe finds another link between Essar, NuPower: Report

I-T probe finds another link between Essar, NuPower: Report

The multi-agency investigation into NuPower Renewables appears to have widened further with the focus now shifting to another subsidiary, NuPower Technologies, a leading national daily reported on Monday.

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Short supply of coal likely to hit power generation in NTPC Kaniha power plant

Short supply of coal likely to hit power generation in NTPC Kaniha power plant

NTPC authorities are mulling to curtail power generation and shut down power generating units due to short supply of coal.

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Tatas, 5 others win bid for Ujjani dam floating solar project

Tatas, 5 others win bid for Ujjani dam floating solar project

The Maharashtra State Electricity Distribution Company has awarded the 1,000 mw of floating solar capacity on the Ujjani Dam to six bidders, including Tatas, Azure Power and Acme Solar, say sources.

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Renewables major economic opportunity for India: German energy consultant

Renewables major economic opportunity for India: German energy consultant

Tapping renewable energy is a major economic opportunity for developing economies like India. There is a master plan to clean up cities and this would lead to more jobs.

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Russian firm hopes to bag deal for unit 5, 6 of Kudankulam Nuclear Power Plants

Russian firm hopes to bag deal for unit 5, 6 of Kudankulam Nuclear Power Plants

Hoping to sign the contracts for Units 5 & 6 for Kudankulam Nuclear Power Plants (KNPP) soon, Andrey Nikipelov, CEO, Atomenegromash, the firm associated with State Atomic Energy Corporation of Russia

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Dharmendra Pradhan requests energy business stakeholders to invest in India

Dharmendra Pradhan requests energy business stakeholders to invest in India

Union Minister of Petroleum and Natural Gas Dharmendra Pradhan on Sunday requested all stakeholders from energy business stream to come and invest in India. "Today India is the number 3 absolute energy consumer, our energy appetite is very high.

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Housing society in IP Extension first to get rooftop solar power plants in Delhi, rate fixed at Rs 2.50 per unit till 2043

Housing society in IP Extension first to get rooftop solar power plants in Delhi, rate fixed at Rs 2.50 per unit till 2043

Delhi Chief Minister Arvind Kejriwal on Sunday inaugurated the city’s first rooftop solar power plant at IP Extension’s ‘Milan Vihar Apartments’ which houses around 1,600 residents and has 400 flats (approx)

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Creating jobs for women in the renewable energy sector

Creating jobs for women in the renewable energy sector

India can increase its GDP by up to 60% by 2025 by enabling more women to participate in its workforce, a 2015 study by the McKinsey Global Institute had stated.

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Oil minister Dharmendra Pradhan unveils DSF-II auction round

Oil minister Dharmendra Pradhan unveils DSF-II auction round

Oil Minister Dharmendra Pradhan today unveiled to investors here India's upcoming second round of auction of discovered oil and gas fields, and said that over 195 million tonnes of hydrocarbon reserves would be put on offer.

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Private fuel retailers relieved as OMCs end 19-day price freeze

Private fuel retailers relieved as OMCs end 19-day price freeze

Private fuel retailers are relieved at the state-run oil-marketing companies ending their 19-day retail fuel price freeze on Monday.

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India’s oil demand surges for eighth straight month in April

India’s oil demand surges for eighth straight month in April

India’s oil consumption surged 4.5% in April as industrial activity gathered pace in Asia’s third-largest economy and sales of trucks and buses soared.

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India’s fuel demand grew 4.4 per cent in April on higher LPG and petrol consumption

India’s fuel demand grew 4.4 per cent in April on higher LPG and petrol consumption

India’s fuel demand in April 2018 grew 4.45 per cent to 17.66 Million Tonne (MT) as compared to the corresponding month a year ago on the back of higher consumption of Liquefied Petroleum Gas (LPG) and automobile fuels, fresh data published by the Petroleum Planning and Analysis Cell (PPAC) showed.

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All you wanted to know about sanctions on Iran

All you wanted to know about sanctions on Iran

US President Donald Trump is back in the headlines, with his announcement to withdraw from the Iranian nuclear deal and re-impose sanctions on Iran that were lifted in 2015. This has jolted global markets and sent oil prices soaring to a multi-year high.

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Oil Volatility: Why Is India Insulated, Albeit It’s Third Biggest Global Importer Of Crude Oil? – Analysis

Oil Volatility: Why Is India Insulated, Albeit It’s Third Biggest Global Importer Of Crude Oil? – Analysis

For the first time, the oil price hike did not catch media headlines. India is an oil import dependent country. Whenever there was exponential oil price hike, concerns were heightened for the dent to the economy. This time, analysts were reticent to signal such threat.

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RInfra board approves raising up to Rs 3,000 crore via equity shares issue

RInfra board approves raising up to Rs 3,000 crore via equity shares issue

Reliance Infrastructure (RInfra) on Monday said its board has approved raising up to Rs 3,000 crore by issuance of equity shares to its existing shareholders or qualified institutional investors to bolster long-term resources. "The board approved the company augmenting long-term resources by issue of equity shares by way of rights issue to the existing shareholders and/or through Qualified Institutions Placement, …

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Bullet train compensation for land to be much more

Bullet train compensation for land to be much more

The compensation package for the farmers whose land will be acquired for the Ahmedabad-Mumbai Bullet train project will be “much more” than what is mandated by the Land Acquisition Act, a senior official has said.

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Indian Railways experiments with new technology to prevent theft on Rajdhani, Shatabdi Express trains

Indian Railways experiments with new technology to prevent theft on Rajdhani, Shatabdi Express trains

Indian Railways division is experimenting with a new upgraded software to prevent theft! The Western division of Piyush Goyal-led Indian Railways is not only equipping Rajdhani Express trains with CCTV cameras, but is also providing body cameras to RPF (Railway Protection Force) officials on trains and platforms.

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Gave Railways Rs 23 crore in 9 years to clean up tracks: BMC

Gave Railways Rs 23 crore in 9 years to clean up tracks: BMC

Year after year crores are spent on cleaning nullahs and culverts along railway tracks but this money is literally going down the drain. Since 2009-2010, the Brihanmumbai Municipal Corporation (BMC) has given around Rs 23 crore to the Central and Western Railways.

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Want Indian Railways job? Check out this IRCTC recruitment warning

Want Indian Railways job? Check out this IRCTC recruitment warning

The Indian Railways on Monday alerted people about traps laid by touts running fake IRCTC job rackets. In a Twitter post, the Indian Railways warned against touts who fleece innocent people by giving them fake assurances of getting them Indian Railway Catering and Tourism Corporation (IRCTC) jobs.

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SC sets up panel to auction Unitech's properties

SC sets up panel to auction Unitech's properties

The Supreme Court today set up a three-member panel headed by former Delhi High Court judge Justice S N Dhingra for "expeditious" auction of real estate major Unitech Ltd's unencumbered immovable properties of over 600 acres to refund the money to hassled home buyers.

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World's 'tallest' railway bridge constructed at Noney in Manipur

World's 'tallest' railway bridge constructed at Noney in Manipur

In an exclusive coverage by News Nation, watch the highest railway bridge construction project in the world which is being developed by the Northeast Frontier Railway's (NFR) construction organization.

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Railways launches Mobile App for General, Platform Tickets

Railways launches Mobile App for General, Platform Tickets

The Northern Railways authorities have launched a mobile-based app UTS (Unreserved Ticketing System) for rail commuters of Ferozepur Division to get general as well platforms tickets.

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YESTERDAY'S HEADLINES

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